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Two quotes from his newsletter: > Passive investing is all the rage. Buy SPY, make regular contributions, retire. That’s today’s wisdom, and it’s completely wr
by randomfinn 9y ago
Two quotes from his newsletter:
> Passive investing is all the rage. Buy SPY, make regular contributions, retire. That’s today’s wisdom, and it’s completely wrong.
> Think like Warren Buffett for a second
I don't know what he's trying to sell, but I wouldn't take any financial advice from him.
- greenyoda 9y ago> Think like Warren Buffett for a second Buffet is actually a fan of S&P 500 index funds, such as SPY: Buffett wins $1M decade-old bet that the S&P500 would outperform hedgefunds https://news.ycombinator.com/item?id=15268726 https://news.ycombinator.com/item?id=15268726
- majewsky 9y ago> I don't know what he's trying to sell He's trying to sell that he can outperform a trivial algorithm. You know, because his income depends on it.